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For example, say gold is trading at $1,195 per currently and you are confident that it will be trading above $1,200 later that day. Assume you can buy a binary option on gold trading at or above $1,200 by that day’s close, and this option is trading at $57 (bid)/$60 (offer). You buy the option at $60. If gold closes at or above $1,200, as you had expected, your payout will be $100, which means that your gross gain (before commissions) is $40 or 66.7%. On the other hand, if gold closes below $1,200, you would lose your $60 investment, for a 100% loss. Let’s consider the binary option to illustrate. Assume your view is that volatility in the yen – trading at 118.50 to the dollar – could increase significantly, and it could trade above 119.75 or decline below 117.25 by Friday.
You therefore buy 10 binary option contracts (USD/JPY119.75, trading at 29.50/35.50) and also sell 10 binary option contracts (USD/JPY117.25, trading at 66.50/72.00). Therefore, you pay $35.50 to buy the USD/JPY119.75 contract, and $33.50 (i.e., $100 - $66.50) to sell the USD/JPY117.25 contract.
Your total cost would be $690 ($355 + $335). The yen is trading above 119.75. In this case, the USD/JPY119.75 contract has a payout of $100, while the USD/JPY117.25 contract expires worthless.
Your total payout is $1,000, for a gain of $310 (or about 45%). The yen is trading below 117.25. In this case, the USD/JPY117.25 contract has a payout of $100, while the USD/JPY119.75 contract expires worthless. Your total payout is $1,000, for a gain of $310 (or about 45%). The yen is trading between 117.25 and 119.75: In this case, both contracts expire worthless and you loss the full $690 investment.
Contents. How to Insert Tick or Cross Symbol in Microsoft Word and Excel We have added five simple methods to insert tick mark (checkmark) or cross symbol in MS Word or MS Excel. Check them out below. Copy and Paste Tick / Cross Symbol in Word / Excel The first method to insert a tick in Word is quite simple. All you need to do is copy the symbol (tick or a cross) from here ✓ ✔ ☑ ✅ ✕ ✖ ✗ ✘ ☒ ☓ and paste it to the Microsoft Word document where you need the tick/cross symbol.
To do the Copy operation, highlight the tick symbol above and press Ctrl + C. Now, to paste it, select where you want the symbol and press Ctrl + V. Insert Tick / Checkmark Symbol in Word/Excel Using Wingdings 2 /Webdings Fonts If the copy paste method is not suitable, another easy method to insert tick (checkmark) or cross symbol in Word or Excel is to use either the “ Wingdings 2” font or the “ Webdings” font. You can easily select the font from the drop-down menu. After selecting the Wingdings 2 or Webdings font, make use of the shortcut keys (Shift + P, R, O, Q, S, V, T, U, V) to insert the Tick symbol in Word. Refer below table for 3. Insert Tick / Check Mark / Cross with Symbol Command One can also make use of symbol command for this purpose.
To perform this method, it is necessary to install MS Excel on your computer. To start with, follow the following steps.
Step 1: Open Excel or Word. Step 2: Click on “ Insert” menu and then tap on “ Symbols”.
Step 3: Once Symbols box opens, change the font to “ Wingdings” and then scroll down to bottom. Select the required tick mark or cross symbol and then click on “ Insert.” 4. Insert Tick Symbol / Checkmark/ Cross Symbol using Character Map To insert tick mark symbol in Excel / Word using Character Map, follow the steps below.
Step 1: Go to “ Start” menu. Search “ Character Map” Step 2: Open “Character Map” and select the “ Wingdings” font. Step 3: Scroll to bottom and click on tick symbol or cross symbol and then click on “ Copy” Step 4: Go to Excel or Word where you want to insert the tick mark / cross symbol. Step 5: Click on the location where tick mark / cross required and then change the font to “Wingdings.” Now paste (Ctrl + V) the copied symbol. Insert Tick Mark or Cross Symbol in Word / Excel Using Character Code If you are good with numbers, this method is perfect to insert tick symbol or cross symbol in Word or Excel.
In order to insert tick/cross symbol with this method, your keyboard must have numeric pad. With a series of code, you can insert four different tick marks. First, change your font to Wingdings. Now click on the location where you need tick mark or cross symbol in Word / Excel. Now press Alt key and type the combination of numbers as shown below. For Tick Symbol.
ALT + 0252. ALT + 0254 For Cross Symbol. ALT + 0251. ALT + 0253 Don’t forget to change the font to Wingdings to make it work. Once you are done with inserting tick / cross symbol in Word / Excel, you can change the font back to Ariel or whatever you desire. NOTE: Methods might vary depending upon the version of Microsoft Word that you have installed. Let us know if you find any difficulties to insert Cross / Tick symbol in Word or Excel.